Home Depot adds $1B to buyback program; ups dividend 50%

KatherineHunt

SAN FRANCISCO (MarketWatch) --Home Depot
HD, +1.23%
on Thursday approved an additional $1 billion to buy back outstanding shares, bringing its total authorized share repurchase program to $12 billion. Additionally, the Atlanta-based retailer raised its quarterly dividend 50% to 15 cents from 10 cents a share. The dividend is payable March 23 to shareholders of record as of March 9, Home Depot said.

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